ICFAI Business School - [IBS]

Hiranandani Knowledge Park, Off. Technology Street, Hiranandani Gardens, Powai, India • 4000763.9(279)

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VerifiedPrivateEstd. 1995

Founded

1995

Type

Private

Highest Package

₹20.0 LPA

Average Package

₹8.0 LPA

Overview Courses Admission Placement Facilities Gallery Ranking Contact

About ICFAI Business School - [IBS]

ICFAI Business School (IBS) Mumbai is one of the leading private B-schools in India. The institute is ranked among the top 25 in the national list of B-schools and among the top 5 B-schools in Mumbai. The institute has other 9 campuses spread all over India. IBS Mumbai offers a 2-year full-time PGPM program with a total intake of around 1000 – 2000 students under different specializations. Admissions to the program are based on the IBSAT/CAT/ NMAT scores followed by a Micro Presentation (MI) and Personal Interview (PI) round.

Chat with Experts & Aspirants, get exclusive insights: Join IBS Mumbai Community

IBS Mumbai recently concluded its 2024 placement drive in which 98% of the students got hired by reputed recruiters. Some of the prominent recruiters included National Stock Exchange, Tata Capital, EY, KPMG, ICICI Bank, PWC SDC, DBS Bank Ltd etc. The highest international salary package stood at INR 18 LPA. The highest national salary package stood at INR 20 LPA. Students received an average salary of INR 8.03 LPA. Register Now IBSAT 2024

Table of Content

IBS Mumbai Highlights
IBS Mumbai Admission Dates 2025
IBS Mumbai Courses
IBS Mumbai Cutoff
IBS Mumbai Placement
IBS Mumbai International Immersion Program
IBS Mumbai Admission Stories
IBS Mumbai Admission
IBS Mumbai Ranking
IBS Mumbai Scholarships
IBS Mumbai Facilities
IBS Mumbai Faculty
IBS Mumbai FAQs

IBS Mumbai Highlights

Campus: IBS Mumbai has an 80,000 sq. ft. campus including 15 classrooms on two floors, faculty cabins, 225 seater auditorium, separate common rooms for boys and girls, a gym and three syndicate rooms for student-faculty interaction. The college also has a rich library with an extensive collection of over 28,000 books, 13 International and 92 National journals and magazines and more than 2,000 CDs. It subscribes to 8 major online databases.
Selection Criteria: The IBS Mumbai selection process will be conducted tentatively between February 10 - 18, 2025 . IBS Mumbai accepts valid CAT, XAT, IBSAT, and NMAT scores for its flagship PGPM shortlisting. In 2021, 25000+ candidates appeared for IBSAT and nearly 12000 candidates qualified for the further selection process. The final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview. Check: IBS Mumbai Previous Year CAT cutoff
Application Form: The application form is common for admission to MBA/PGPM programs at all IBS campuses including IBS Mumbai. IBSAT Application Bulletin can be purchased by payment of Rs1800/- at the IBS Mumbai marketing office.
Top Recruiters: Prominent recruiters include Blackrock, Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla, HDFC Bank, Hyundai, Hero Fin Corp, HCL Technologies, ITC, Byjus, ICICI, ICRA, J P Morgan Chase, J K Tyre, Kotak Mahindra, KPMG, Nestle, Property Pistol, Reliance, TCS, Tech Mahindra, Tolaram Group, Vedanta, Zomato, Zycus Infotech, etc with a relatively higher package.
International Collaboration: IBS Mumbai has got global tie-ups with many international institutions such as the University of Essex, UK; The Resource Alliance, UK; Queensland University, Australia etc
Faculty: IBS Mumbai has 36 faculty members who are mostly PhD holders in Management and various other related streams. The college also makes arrangements for guest lectures and invites guest faculty nationally and globally.
Alumni: As of now, IBS has 58,000+ alumni and 8500+ students. The alumni are working in over 900 blue-chip companies globally and are placed in top companies located at national and international levels.

Check Which is better, IBS Hyderabad or IBS Mumbai?

IBS Mumbai Admission Dates 2025

IBSAT Events	Dates
IBSAT 2024 Application	July 01, 2024 – 3^rd Week of December 2024
IBSAT 2024 Test Dates	December 28 – 29, 2024
IBSAT 2024 Results	1^st Week of January 2025
Selection Briefings	2^nd Week of January 2025
Selection Process for MBA/ PGPM Program	February/ March 2025

PGPM Events	Phase 1 Dates (Tentative)	Phase 2 Dates (Tentative)
Application Process Starts	February 22, 2025	April 08, 2025
Application Process Ends	April 02, 2025	April 26, 2025
Selection Process	April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad) April 7 – 8, 2025 ( At IBS Kolkata)	April 28, 2025
Selection Process Results	April 13, 2025	April 30, 2025

IBS Mumbai Course & Fees

Course Name	Course Eligibility	Total Course Fee
PGPM	Eligibility Criteria: Graduation in any stream with a minimum 50% aggregate or above from English medium Those not from the English medium in UG must have a valid score in the TOEFL/ NELT/ IELTS exam score by May 31 of the admission year Final year students are also eligible to apply Selection Criteria: IBSAT/ CAT / NMAT /XAT / GMAT scores + Micro Presentation + Personal Interview. Duration: 2 years	INR 9.09 lakh

Check IBS Mumbai Admission Process

IBS Mumbai Cut off 2024 (Expected)

ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:

Exam Name	Cut-Off
CAT	60 Percentile and Above
XAT	60 Percentile and Above
GMAT	500+
NMAT	150+

Apart from valid marks obtained in the IBSAT entrance exam, there are NMAT by GMAC & CAT are also accepted by IBS Mumbai. The below-tabulated format will enlighten the CAT cutoff marks:

IBS Mumbai CAT Cutoff (Previous Year Trends)

Section	2020 Cut-off by %ile	2021 Cut-off by %ile	2022 Cut-off by %ile
VRC	40%ile	40%ile	40%ile
DILR	40%ile	40%ile	40%ile
QA	40%ile	40%ile	40%ile
TOTAL	70%ile	70%ile	70%ile

IBS Mumbai Placements 2024

The placement cell at IBS Mumbai provides students with an ample number of opportunities to find suitable jobs in the corporate world with both small and large firms. The institute recently concluded its 2024 placement drive. The highest salary package received by IBS Mumbai students is the highest among all the IBS campuses. The placement highlights are mentioned below:

Particulars	Placements Statistics 2024
Students Placed	98%
Average Salary	INR 8.03 LPA
Highest National Salary	INR 20 LPA
Highest International Salary	INR 18 LPA
Average Salary of Top 10% Students	INR 13.56 LPA
Average Salary of Top 25%	INR 11.45 LPA
Prominent Recruiters	Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla,HDFC Bank, Hyundai, HCL Technologies, ITC etc

Also check IBS Mumbai Placements

IBS Mumbai International Immersion Program

The college has signed MoUs with several global institutions and companies. IBS Mumbai has collaborated with various universities, industries, and colleges. Below mentioned is a list of several IBS Mumbai collaborations:

IBS Mumbai Collaborations
University of Essex, UK	Dimensions, the Journal of Management of IBS Mumbai	HDFC Bank
The Resource Alliance, UK	SPSS	Queensland University, Australia
Microsoft	IBM	ICICI Bank

IBS Mumbai Admission Stories

Candidate Name	Course	Exam Taken (Score)	Work Experience
Adin Ansari	PGPM (Marketing)	IBSAT (157/300)	No broker Hood- 9 Months as Territory Sales Manager
Amrisha	PGPM	NMAT (200)	The Gourmet Jar- 1 year
Natasha Gaur	PGPM	IBSAT (92%)	NA
Medha Sur	PGPM	NMAT (194)	NA

Check IBS Mumbai Reviews

IBS Mumbai Admission 2025

Admission to ICFAI Business School Mumbai is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Mumbai admissions:

About IBSAT

IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Mumbai Admission to the PGPM of IBS Mumbai. Applicants need to secure a good score on IBSAT to get qualified for the selection process.

Selection Process

Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Mumbai. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.

IBS Mumbai Application Process 2025

The applicants seeking admission to IBS Mumbai must qualify for any of the renowned entrance exams including the IBSAT exam. Below-mentioned is the application process that the students must follow:

Step 1: Visit the official website and register for the course.

Step 2: Complete the registration process.

Step 3: Pay the registration or the application fee.

Step 4: Fill out the form available on the website.

Step 5: Submit and finish the application form

IBS Mumbai Ranking

Prestigious rankings of B-schools have placed IBS Mumbai among the top 25 in the national list of B-schools and among the top 5 B-schools in Mumbai.

Ranked 3rd in the category of top leading B-schools of super excellence by CSR-GHRDC B-Schools Survey 2023
Ranked 3rd amongst top leading B-School of Super Excellence
Ranked 13th amongst top 20 B-Schools (Government and Private) by Faculty, Publication, Research, Consultancy, MDP & Other Program.
Ranked 14th amongst top 20 B-Schools (Government and Private ) by Placement, (Domestic & International), USP, Social Responsibility, Networking & Industry Interface.
18 All India Rank among top 100 Private B-Schools.
74th in Top B-School and 21st in West Zone by IIRF
20th by Business Today
‘A++’ by Business India
‘A4’ by Business Standard
6th among Top B-Schools and ranked 3rd in West zone – Silicon India
6th among Top emerging B-Schools of Super Excellence – CSR-GHRDC
7th among Top B-Schools in West zone – Careers 360

IBS Mumbai Scholarships

IBS Mumbai offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
For Wards of IBS Alumni
For Physically Challenged Candidates
For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

IBS also offers scholarships of INR 2.00 Lakhs to Top candidates in each category of IBSAT, CAT, NMAT by GMAC and XAT test scores. IBSAT category scholarships are already announced.

Scholarship Eligibility Cutoff Scores

Test	Cutoff Score
NMAT by GMAC	Top 100 candidates with a minimum score of 225 and above
CAT	Top 75 candidates with a minimum score of 90 percentile and above
GMAT	Top 25 candidates with a minimum score of 550 and above
XAT	Top 25 candidates with a minimum score of 80 percentile and above

Check IBS Mumbai Scholarship

IBS Mumbai Facilities

Campus: 80,000 sq. ft. campus with 15 classrooms on two floors, 225 seater auditorium, faculty cabins, separate common rooms for boys and girls, a gym and three syndicate rooms for student-faculty interaction with internet connectivity. It has two large conference rooms and a foyer. The campus also has a cafeteria.
Library: It has an extensive collection of over 28,000 books, 13 International and 92 National journals and magazines and more than 2,000 CDs. It subscribes to 8 major online databases.
Hostel: Hostel facility is not available at IBS campuses (except at IBS Hyderabad & Jaipur). However, campus administration will assist the students in getting suitable off-campus accommodation near the campus.

Check IBS Mumbai Hostel

IBS Mumbai Faculty

The faculty at IBS Mumbai are highly experienced and well-qualified. The college has 40 faculty members who have expertise in their respective fields which provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have a proper understanding of their areas of expertise.

IBS Mumbai FAQs

Ques. Can I still have a chance for IBS Mumbai if I couldn’t appear in any of the national-level entrance exams?

Ans. IBS Mumbai also conducts IBSAT for its PGPM programme. As such, Candidates who did not appear for the national-level entrance exam may appear for IBSAT administered by the IBS Mumbai. Meanwhile, valid scores of other State Level Tests are also considered by the college for its PGPM Course.

Ques. Can I purchase the application form or PGPM 2025 Bulletin of IBS Mumbai offline?

Ans. IBS Mumbai Application form with PGPM 2025 Bulletin may be purchased either Online or Offline. Further, Offline Applications are available at any of the IBS Marketing Branches. On purchase of the offline application form, you will get a scratch card containing the application number and password.

Ques. Is there any management quota of seats available at IBS Mumbai?

Ans. No, there is no management quota or NRI quota available for its courses at IBS Mumbai. You must appear in the prescribed national-level test for being shortlisted for the further round. Check More IBS Mumbai Cutoff

Ques. Is there any provision for getting an education loan at IBS Mumbai?

Ans. Yes, Several students pursuing programs at IBS Mumbai have availed of the education loan through educational loans from various public sector and private sector banks or financial institutions such as HDFC Bank Ltd, Axis Bank, ICICI Bank, IDFC First Bank, Avanse Financial Services, LiquiLoans Pvt. Ltd etc.

Ques. When is the PGPM Batch 2025 going to be started at IBS Mumbai?

Ans. Regular classes PGPM program at IBS Mumbai will commence on May 2025. All the finally shortlisted students are compulsorily required to report at the college campus on the very day for program registration and submit the first instalment of fees.

Ques. Where do I get the IBSAT Application?

Ans. IBSAT 2024 Application is available Online and Offline Online:-

Online application is available at admissions.ibsindia.org/ibsat2020/registration
After a successful transaction, candidates will receive mail/SMS with details of the application number and password.

Offline:-

Offline Application is available at our 50 IBS FTP Branches across India, to find the nearest branch at your location visit ibsindia.org/contact-us/

Ques. Where can I register for IBS Mumbai Mock Test?

Ans. Mock Tests will be provided for the candidates to familiarize themselves with the IBSAT test. These mock tests will be available on ibsindia.org from September onwards. One of the ethos of ICFAI Business School (IBS) is to recognize and encourage meritorious students. IBS Offers Campus Merit scholarships and I-LEAD Assistantships (IBS Learn, Earn & Develop).

Ques. Is there any financial assistance available at IBS Mumbai?

Ans. The candidates selected for IBS Programs avail of educational loans from Public / Private Sector Banks. IBS has entered into MOUs with the following financial institutions:

CREDILLA Financial Services
AVANSE Financial Services Pvt. Ltd.

Ques. In case of any queries whom do I contact at IBS Mumbai?

Ans. For any queries on IBSAT 2024, you may contact the following address, email and telephone numbers: Admissions Officer IBS Admissions Office Plot No. 65, Ground Floor, Nagarjuna Hills, Punjagutta Hyderabad – 500 082, Telangana, India. Phone: + 91–40–23440963 Toll-Free No: 1800 425 55 66 77 E-mail: [email protected]

Ques. Does AICTE/UGC recognize IBS Mumbai?

Ans. IBS Hyderabad is a constituent of IFHE (ICFAI Foundation for Higher Education), a Deemed-to-be-University under Section 3 of the UGC Act, 1956

IBS Dehradun & IBS Jaipur campuses are recognized by UGC & their respective State Legislatures.
IBS Ahmedabad, IBS Bangalore, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS Pune are independent professional institutes that offer PGPM. They are neither affiliated with nor are off-campus centres of any university.

Ques. What is the IBSAT 2024 Exam Pattern?

Ans. The IBSAT 2024 consists of 140 questions in the following subjects:

Verbal Ability – 50 questions
Reading Comprehension – 30 questions
Quantitative Aptitude – 30 questions
Data adequacy and Data Interpretation – 30 questions

Ques. How to apply for IBSAT 2024?

Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:

Online Application: Visit the application portal and complete the form.
Personal and Contact Details: Enter your personal information and contact details.
Confirmation: Submit your details to proceed to the payment page.
Payment: Pay the application fee of Rs 1800.
Receipt: After successful payment, you will receive a confirmation email/SMS on your provided email address and phone number.
Brochure: Within one week of completing the complete application, the applicants will receive a hard copy of the IBSAT Brochure.

Ques. Are mock tests conducted by IBS?

Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.

Ques. How is a Micro Presentation round conducted at IBS Mumbai?

Ans. A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.

Ques. A personal interview is of how many minutes at IBS Mumbai?

Ans. Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.

Courses & Fees

Explore Courses

Compare fees, eligibility, duration, exams, and specializations in a compact view.

Courses

Lowest Fee

₹9,09,000

Highest Fee

₹9,09,000

Streams

Management

Admission

Last Date to Submit Application Form for Admission through IBSAT 2024

Start: 31 Jan 2025

Last Date: N/A

Cutoff

Value: 55

Exam: NMAT

Year: 2023

Ranking

Rank: #54

Agency: The Week

Category: Management

Accepted Exams

CAT2025

30 Nov 25

NMAT2025

05 Nov 25 - 20 Dec 25

XAT2025

05 Jan 25

GMAT2024

IBSAT2025

28 Dec 25 - 29 Dec 25

View Course Admission Guide

Admission Process

Admission to ICFAI Business School - [IBS] is based on various entrance exams and merit. The college offers multiple courses with different admission criteria.

Accepted Entrance Exams

GMATCATNMATXATIBSAT

Placements & Recruiters

ICFAI Business School - [IBS] Placement Details

ICFAI Business School - [IBS] in Mumbai, Maharashtra, India placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.

Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Mumbai, Maharashtra, India.

Recruiters

Salary Metrics

2/2

Placement Metric

Highest Package

₹20,00,000

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

₹8,03,000

Shows the typical package range students may expect based on the available average salary data.

Top Recruiters

Leading companies associated with the college’s placement ecosystem.

Showing 16 recruiters

Aditya Birla Group
Amazon
Avery Dennison
Bank of America
CA Technologies
Cognizant
Ernst & Young
Idea Cellular
Oracle
Wipro
Axience
Goldman Sachs
Google
HDFC Bank
JP Morgan
Larsen & Toubro Ltd.

Campus Facilities

ICFAI Business School - [IBS] Facilities

ICFAI Business School - [IBS] in Mumbai, Maharashtra, India offers campus facilities such as library, hostel, laboratories, sports, transport, cafeteria, medical support, Wi-Fi, and more for a better student experience.

Students often look for practical campus amenities before applying. This section gives a quick overview of the key facilities available for academics, student life, daily comfort, and overall campus experience in Mumbai, Maharashtra, India.

Total Facilities

Academic Support

Student Life